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20130228
Search Results 0 to 13 of about 14 (some duplicates have been removed)
the skids again. jesse jackson jr. going to jail. one american ceo is really slamming the french. we have all those big stories coming up next. stay with us. scalpel. clamp. glitter. [ male announcer ] staples makes it easier to get everything your business needs. even custom banners. and now get 50% off banners and posters. staples. that was easy. >>> the city of detroit in a financial emergency, it is a complete mess. now the question is, what are the next steps going to be to save this thing? kayla tausche has that story and more. good evening, kayla. >> good evening to you, larry. first up, rick snyder may soon turn the city over to an emergency manager. that manager could run the finances and try to find ways to save money, also the one to decide whether to take detroit into municipal bankruptcy. >>> and jesse jackson jr. is likely headed to prison. he pleaded guilty to misusing $750,000 of campaign funds. he bought himself a $43,000 rollex, as well as bruce lee and michael jackson memorabilia. he'll be sentenced in a few weeks and could face five years in prison. >>> listen to this,
're a hacker hunter. is that correct? >> that's a good way to put it. >> don jackson is director of threat intelligence at secure works in atlanta, which protects corporations against cyber-attacks and tracks the hackers who launch them. >> part of my job is to know the enemy, to know our adversaries. >> so the enemy is a hacker? >> that's right. the enemy is somebody that wants to use computers to hurt somebody else or to make money for themselves. >> using an assumed name, "gozi", jackson infiltrates chat rooms where hackers sell their worms and viruses to their clients, other hackers. he asks for a demo so his company can create software to disable the malware. the hackers, he says, are typically young, male, and often from russia. >> how do you track them down? >> well, they're like any other business. they have to advertise to get clients. >> you're saying that the hackers have ads? >> yes. >> on the internet? >> on the internet, publically available. >> no. >> unfortunately, they're all to easy to find. >> on websites like this one. he says many russian hackers are in cyber gangs tha
or @jimcramer on twitter. including today, desean jackson who took his picture with me and you'll notice my avatar and my dad and he's wearing number 10. so we absolutely have two number tens checking in. so we have to do some work. let's do some mad tweets. here's a tweet from @ann her meese 7 who writes i'm curious what's your opinion on hewlett-packard? should i cut my loss or wait for new movement? i think hewlett-packard is one of the most intriguing stocks out there. because it fell down 40%, actually 44% last year. it's the worst performing stock in the dow. yet, the balance sheet is not that bad. they could clean up some debt, "the wall street journal" suggested that today. and the possibility that meg whitman can engender a turn around means i would not sell the stock here. however, just so you know she's going to get about a two-quarter honeymoon and if she doesn't turn it around, people will dump it again. let's own it for two quarters and let's see what happen. i didn't think it was available until i saw the dell leverage buyout. here's one from andy rush @a rush 82. he asks, in
. and if you remember going back to jackson hull, the talk this august on expectations of the market when it comes to fed policy. the concept that if you anchor in today what will move policy tomorrow and remember what the fed did in september. they said we're going to move when there's substantial improvement in the labor market. and now the discussion, bill, and this is what's profound about the discussion. it has nothing to do with economic variables. it has to do with political variables, balance sheet variables. it's no longer about the variable that we thought we understood which was the labor market. >> john, if i could go back to your comments about main street versus wall street. in today's world it seems are very much linked. mainstream will look at the news. of course they've all watched "closing bell." they'll look at the news and see the 200 point selloff in the dow industrial average and wonder what's going wrong in the economy. i don't know you can separate the two as much as you used to be able to. and specifically as it pertains to fed monetary policy. >> every policy cre
. >>> time now for today's aflac trivia question. in which year did janet jackson's famous wardrobe malfunction occur at the super bowl. the answer when cnbc's "squawk box" continues. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ aw this is tragic man, investors just like you could lose tens of thousands of dollars on their 401(k) to hidden fees. thankfully e-trade has low cost investments and no hidden fees. but, you know, if you're still bent on blowing this fat stack of cash, there's a couple of ways you could do it. ♪ ♪
said david faber said it's 50, could be 50. >> bo jackson used to do that a lot, too, didn't he. he had a reason to. because he was the most unbelievable athlete of all-time. >> this is a global deal. i know we're woe is me europe, do i want to own a european cable company if europe's falling off the cliff? someone smarter than me says yes. >> john malone is smarter than you. >> hey, david. >> i feel so -- >> way to put a man down. as soon as he comes back. >> how about he's a close second. >> that's pretty good. >> i feel so much better. >> impact on markets of a del, lbo, if in fact that's what we get in the near term here. >> there was a moment where it would have been fanciful. it's too big. we heard that from you initially. it's too big. we may be in an ajr moment. >> i don't think so. listen, the reason we thought it was too big was because the equity check is when you would have penciled it out enormous. at the end of the -- when we see the deal, which we expect to shortly, we'll see that the equity check was far smaller. and so i don't think it argues for -- >> i remember when y
in eric jackson, he joins us now on the news line. eric, i'm just wondering if you believe that something will be done with this cash, whether it be announced at this particular conference, or weeks after the shareholder meeting, and whether david einhorn played a pivotal role, in your view, of pushing this into the spotlight? >> yes, there's no question he did. and i do think we're going to get some answers on increased either stock buyback, or, you know, some form of the cash coming back to shareholders. but i don't think it will happen until the end of the month. basically, what's pushed this forward with einhorn is that apple has a shareholder meeting coming up at the end of the month. so shareholders have to vote on this particular measure around pressed stock. so he basically took that opportunity to kind of put this front and center. so i think basically between now and then, there's going to be a lot of back channel discussions, and i would expect some sort of shareholder friendly announcement before the end of the month. >> how are you voting your proks ji? i ask that, because th
cantor and pat leahy and embraces members of congress like sheila jackson-lee. she is for him but he will run into republicans and hope he can build up a little bit of personal capital with him. he's not so much for partying with members of congress or playing golf with them or hanging out with them on the weekend, but small things matter and he's going to try to make some of this matter. >> he's awfully close, too, to mcconnell, quoted as saying it's pretty clear the sequester will happen. does tonight -- >> first of all, i don't think it's so clear. i just notice he also shook hands with lindsey graham who has vowed to hold up his secretary of defense nominee, chuck hagel, and his cia director nominee john brennan. >> i interviewed mitch mcconnell tonight on our show. he was very definite. he said we are not going to have any revenue increases. and he also said no last-minute dpoeshg on the sequester. that was a tough thought. >> stylistically some interesting things to look for. it's a speech led by a new chief speechwriter and we haven't mentioned this point -- >> the president w
bernanke gave his very famous speech in jackson hole, wyoming? that was in august of 2010. and that's when the market really took off. the federal reserve obviously having a big influence on what was going on. we moved almost 2,000 points right there. that's the key point here. about 20%. that was just in five months. that was the second really remarkable leg of this rally. across 12,000 on february 1st, 2011. here is the european debt crisis. here is the u.s. debt downgrade. remember that? that was august, 2011. that dropped the market down. caused the dow in fact to drop below 11,000. that was in august of 2011. we had a few volatile months where things bounced around and then over all started moving up again. we passed 13,000. that was february 28, 2012. and basically we had a lot of worries. remember last year about europe and minor moves to the down side, and eventually you could see the final move up here to 14,000. okay. here's the next thing. an important thing. let's look at the markets today. i want to just flip forward to what's happening today. there's a lot of questions about
of principal. >>> michael jackson. coming up we've got more market thoughts from guest host nouriel roubini. plus the house majority leader eric cantor. he's going to be joining us. he's going to talk washington and wall street and the future of the republican party. when "squawk box" returns. ♪ ♪ ♪ ♪ ♪ [ male announcer ] concept. calvin klein underwear. 360 seamless technology. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> welcome back to "squawk box" this morning. in the headlines, toyota raising its full-year profit forecast. it's seen increased sales and also expects to benefit from favorable exchange rates. the automaker expects to person $9.3 billion for the fiscal year ending in march. up from the prior forecast of $8.5 billion. and barclays has set aside another $1.6 billion to compensate customers who were sold financial products under misleading c
up and go. we replace chu, live, a jackson, these are people when you replace them, watch those appointments. >> it will be worse. >> pray to god you're wrong. if we can get the regulators to turn maybe not 180 but turn 120 so their slogan every day is come in and find a better way to create a good economy and jobs. wait a minute. don't come in with an attitude of let's get the bastards. >> they are going to turn 360. >> are there any names you like out there that you think would be palatable to administration but business as well. >> i don't know people. i just want somebody that comes in and has a goal of regulating sensibly and creating jobs, not being punitive. i like the president's immigration lines in the announcement. i think he was right on the button, if he can hold to that, fix the border, get a path to citizenship and keep people that we educate. i'm telling you, in government trade, he mentioned that. let's do it. it take us four years to get panama and south korea done. it was on the bush table. it took four years to negotiate and we didn't get anything else new. t
woodforde at jackson hole which said that the fed needs to promise the market that it will act differently in a zero bound environment when the economy starts to improve. we're going to keep going with this policy. and that's what is embedded in the interest rate policy, that's what's embedded in the qe policy. but right now, what's happening is the costs seem to be overwhelming, and the market -- the committee is just not comfortable being there. it's a bit like here's the promise. the promise was you put your hand out and i'm going to light a fire underneath it. and the policy is this, that even when your hand gets too hot, i'm not -- you're not going to remove your hand. you're going to keep in place. what we're finding out now is that this is a promise too far. the board is just not comfortable being there and it's going to have to find the language and the rhetoric to either put it back in place, or find something new -- >> if it's not working you've got to admit it. >> right. >> and you're not getting the benefits you thought you were getting. is this all because of stein? we heard b
Search Results 0 to 13 of about 14 (some duplicates have been removed)